Privacy Policy
Disclaimers
The mobile application ‘IMPERIAL MONEY’ (hereinafter referred to as “Application”) is owned and operated by ‘IMPERIAL MONEY Private Limited’ a company incorporated under the Companies Act, 2013 with its registered office at FLAT NO.302 ROYAL VISTA, OPP. DHANTOLI GARDEN MAIN GATE, DHANTOLI, NAGPUR, 440012.
Imperial Money Pvt. Ltd is in the business of distribution of financial products through its mobile technology platform. Imperial money requests you to carefully go through these terms & conditions (“Terms & Conditions”) to avail access to the distribution network of Imperial money through its mobile technology platform. If you continue to browse and use this Application, you irrevocably and unconditionally are agreeing to comply with, abide by, and be bound by all the obligations as stipulated in the following terms and conditions of use, which together with our privacy policy and any other applicable policies which are incorporated herein by way of reference or available by hyperlink, shall govern Imperial money ‘ relationship with you in relation to this application. These Terms & Conditions supersede all previous oral and written terms and conditions (if any) communicated to you and shall act as an Agreement between Imperial money and Users.
THE USE OF THIS APPLICATION IS SUBJECT TO THE
FOLLOWING Terms & Conditions:
Definitions
“User”, “You/you”, “Your/your” means any person or user or Registered user or viewer or Registered Customer who views, browses, accesses, or uses our Imperial money ;
“Use” or “Using” means to browse, access, view, copy, availing Services or other benefits from using the Application;
“Imperial money “ or “us” or “we” or “our” shall mean and refer to Imperial Money Private Limited and its affiliates, officers, employees, agents, partners, and licensors.
“AMC” shall mean and include Asset Management Company listed and connected for business with NSE NMF – II platform.
“NSE NMF –II “ shall mean National Stock Exchange mutual fund platform II
“Services” means all the services as provided in Terms & Conditions from time to time.
“Force Majeure Event” means any event due to any cause beyond the reasonable control of Imperial money, including without limitations, unavailability of any communication systems, breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of God, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication, etc.
“Application” or “Mobile Application” means Imperial money, the mobile Application accessed through or downloaded from the Play Store or App store i.e. Android or IOS.
“RTA” shall mean Registrar and Transfer Agent.
“Registered User” or “Registered Customer” shall mean and include the users or customers who have Investment Account with Imperial money to avail the Services or any part thereof, as provided on the Application.
“SIP” shall mean Systematic Investment Plans
“STP” shall mean Systematic Transfer Plans
“NAV” shall mean Net Asset Value
“Account” shall mean the account opened with Imperial money by the Registered Users, for use of the Application or for making investments through the Application.
Application use:
User acknowledges that in accessing and using the Services offered by Imperial money, a user may utilize the content and Services offered on the IMPERIAL MONEY application. User agrees to follow the terms and conditions for the use of the Application as may be specified by Imperial money from time to time. Notwithstanding such acceptance of the Imperial money usage terms, the User acknowledges and agrees to the following, that:
Login Credentials should be kept safe and secure to prevent unauthorized access to your Imperial money account. If you think that the security of your Imperial money account has been compromised, change your password and contact us immediately for further assistance, on the following e-mail:- wecare@imperialfin.com
– Imperial money (Imperial money Pvt. Ltd )is an AMFI registered mutual fund distributor (ARN – 162444) and enables Users to purchase units of various mutual funds, details of which shall be made available on the Application, from time to time.
– The investment account of the user will be activated after Imperial money completes the verification process on the personal information provided at the time of enrollment and in accordance with the Know Your Client (“KYC”) guidelines issued by the Securities and Exchange Board of India (“SEBI”).
– User shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, transmit, license, create derivatives from, transfer, or in any way exploit any part of any information, content, materials, services available from or through the Application, except that which user may download for personal, non‐commercial use.
– User will not use Imperial money ’ applications for any purpose that is unlawful or prohibited by these Terms. The user also agrees that the user will not use the Applications in any manner that could damage, disable or impair the Application or interfere with any other person’s use of Imperial money’s applications.
– The software and hardware underlying the Applications as well as other internet-related software which are required for accessing the Applications are the legal property of the respective vendors. The permission given by Imperial money to access the application will not convey any proprietary or ownership rights in the above software/ hardware. User agrees that User shall not attempt to modify, translate, disassemble, decompile or reverse engineer the software/hardware underlying the Application or create any derivative product based on the software/hardware.
– Imperial money is not responsible for the availability of content or other services on third-party sites linked to the Imperial money applications. User agrees and is aware that access to hyperlinks to other internet sites is at the user’s own risk and the content, accuracy, opinions expressed, and other links provided by these sites are not verified, monitored, or endorsed by Imperial money in any way. Imperial money does not make any warranties and expressly disclaims all warranties express or implied, including without limitation, those of merchantability and fitness for a particular purpose, title, or non-infringement with respect to any information or services or products that are available or advertised or sold through these third party websites.
– Imperial money has the absolute discretion to amend or supplement any of the Imperial money Application Terms at any time without prior notice for such changes. Any such amendment shall be effective immediately. It shall be Users responsibility to review these Terms and Conditions periodically for any updates/changes. User agrees that the information and assistance provided on the Imperial money Application are true to the knowledge of Imperial money and should not be construed as investment advice and that Imperial money shall have no liability for any discrepancy in any such information or assistance.
– Mere use of the Application shall be construed as your intent to contract with us and shall constitute your binding obligations, with us.
– User understands that it is the user’s responsibility to check the Imperial money Application’s Terms carefully before accessing or using or transacting on our Application.
– As long as the User complies with these Terms and Conditions, we grant the user a personal, non-exclusive, non-transferable, limited privilege to enter and use the Application. User acknowledges and understands that use of the Application shall be at your own risk and has the discretion of not using the Application.
– Imperial money shall not be liable if any transaction does not fructify or may not be completed or for any failure on part of the Application to perform any of its obligations under these terms and conditions or those applicable specifically to its services/facilities if performance is prevented, hindered or delayed by a Force Majeure event and in such case, its obligations shall be suspended for so long as the Force Majeure event continues.
– All information submitted by the user to Imperial money (except for the personal information which shall be by virtue of its nature, be deemed to be proprietary information of the User) whether through the Imperial money Applications or otherwise shall be deemed to be the property of Imperial money, and Imperial money shall be free to use any ideas, concepts, know-how or techniques provided by such users at the Imperial money application, in any manner whatsoever.
– Not all the products and services offered on the Application are available in all geographic areas and the user may not be eligible for all the products or services offered by Imperial money on the Application. Imperial money reserves the right to determine the availability and eligibility for any product or service.
AVAILING OF SERVICES
Service(s) shall be availed in accordance with the Terms and Conditions mentioned herein. User agrees that Imperial money and/or the mutual fund may at its sole discretion vary the terms and conditions or withdraw any of the facilities provided herein from time to time. Further information is elaborated under “Termination of Service”
User hereby irrevocably and unconditionally grants no objection to Imperial money and the respective mutual funds / RTAs to collate the transaction details relating to the investments in mutual fund units done by the user on the online technology platform of Imperial money and provide such transaction data to Imperial money for further processing of user transactions.
REGISTRATION OF THE USER
Access to Imperial money ‘ Services will be granted by Imperial money only to Registered Customers of Imperial money, post the enrollment for the Services. User agrees and acknowledges that the Services provided herein are presently available in respect of select Mutual Funds only with whom Imperial money has entered into a separate arrangement. The user shall provide the required details and the documents for registration and enrollment. To register on the Application:
A valid phone number has to be provided and a password has to be created.
For the purpose of enrollment and using the Services of Imperial money, the User has to provide the following details:
Pan Card details and a copy of the PAN card
Bank Account Details and a cancelled cheque leaf
Address proof
Photograph
Signature
The above-provided information/details shall be uploaded by the User in soft copy form on the Application at the time of enrollment. Once the information is received by Imperial money, the executive of Imperial money shall co-ordinate with the User, for obtaining an attestation from the Registered Users, if required. Upon completion of the attestation requirements, the documents shall be provided to the concerned regulatory authority/mutual fund company for the purpose of opening an account with Imperial money for the transaction to be made by the Users.
During the registration process, the customer will be prompted to sign on the mobile screen. Imperial money will capture the signature of the customer and will utilize only for the purpose of completing the registration formalities – namely, KYC form and NSE NMF – II Account Opening Form. The signature does not allow Imperial money to undertake any transactions other than specified here.
Kindly Note: In the event, if any discrepancy is found, in any of the information provided by the user, for example, the information in any of the documents provided does not match with the adjoining documents, such mismatch shall lead to the rejection of the Documents. The privacy of the documents provided or any such personally identifiable information provided to Imperial money shall be maintained in accordance with the privacy policy of the Application.
User agrees that any and/or all information that may be provided by you to Imperial money from time to time, including but not limited to contact information, address and tax-related information, or any other information required under existing or future KYC or other norms and laws, may be shared by Imperial money with the regulatory authorities/mutual funds/NSE NMF – II/AMCs or their respective authorized service providers, auditors, legal and tax consultants in compliance with the extant legal provisions from time to time.
There may be an exit load applicable to certain mutual fund schemes which are mentioned in the respective offer documents including Scheme Information Document (SID) /Key Information Memorandum (KIM) and addendums issued thereto from time to time (collectively referred to as “scheme related documents”). The user shall read all the scheme-related documents before making any transaction on Imperial money.
Investments from persons from a country other than India may not be permitted in certain mutual funds. Imperial money / NSE NMF – II/their respective trustee companies shall not be liable for rejection of an application by mutual funds, where an investor is a person from a country other than India or such other prohibited investor as may be specified in the respective scheme related documents from time to time.
Purchase requests made through the Imperial money online technology platform shall be processed by the respective mutual funds only after funds sufficient to cover the purchase price and other costs and charges have been received by the respective mutual funds. Payments towards the purchase price and other costs and charges shall be made by the Registered Customers through NEFT or the payment gateway or other electronic means made available by Imperial money on the online technology platform. If for any reason the mutual fund is unable to allow a transaction for purchase or redemption of the full quantity of units such as transacted by a Registered Customer through the online technology platform of Imperial money, the respective mutual fund shall be entitled to process a lesser quantity of units being purchased or redeemed (as the case may be) by such Registered Customer. In such a case, Imperial money shall be not responsible for the non-execution of transactions for the entire quantity or the remaining quantity of units.
Transaction rights for SIPs and STPs will be pursuant to the Registered Customer executing the instructions, in the manner and form as prescribed by Imperial money and/or mutual funds on the online technology platform from time to time. The instructions will be applicable to all SIP, STP transactions whether presently existing or to be opened in the future. The user agrees that, upon granting such instructions for SIP, STP transactions, the user will be bound by the terms of the relevant SIP and STP scheme of the mutual fund to which the user subscribes.
The user agrees and acknowledges that any transaction done or purported to be done by the user on a business day would be processed on the next business day. The user will be allotted Mutual Fund units by the respective AMC based on the NAV applicable of that business day. This will be applicable to switch and redemption transactions also.
While Imperial money shall make every effort to ensure adherence to the above timelines, Imperial money shall in no way be responsible or held liable for any delay thereof, including for loss of interest and/or opportunity loss and/or any loss arising due to movement in NAV or any other losses, liabilities, damages, costs, charges, expenses which the investor(s) may sustain, incur or suffer or be put to or become liable or incur directly or indirectly by reason or as a consequence of any delay thereof.
User acknowledges that the units of the scheme shall be allotted, redeemed, or switched, as the case may be, by the respective mutual funds at the applicable NAV of the concerned mutual fund scheme as provided by mutual funds and consistent with the terms of the Scheme. However, Imperial money shall not be liable for any loss that may arise to the user as a result of the incorrect NAV applied on units allotted to the user by the mutual fund.
The user acknowledges that any transactions done on a holiday would be processed on the next business day and the NAV would be applicable as per the respective scheme-related documents.
The user acknowledges that transactions once placed cannot be cancelled. However, users can withdraw money by redeeming the mutual fund units. Upon such withdrawal, the settlement amount towards the mutual fund or the units of the Mutual fund shall be credited to the registered account of the user within 3-4 bank working days.
User acknowledges that any directions pertaining to all transactions including withdrawal, STP, and switch transactions provided by the User from its Registered User account shall be deemed to be considered as the bonafide order placed by the User.
Users have read and understood the contents of the Scheme related Document and the details of the scheme and they have not received or been induced by any rebate or gifts, directly or indirectly, in making an investment. User hereby declares that the amount invested/to be invested by their investment in the scheme(s) of Mutual Fund (s) is derived through legitimate sources and is not held or designed for the purpose of contravention of any act, rules, regulations, or any statute or legislation or any other applicable laws or any notifications, directions issued by any governmental or statutory authority from time to time.
The AMFI Registration Number (“ARN”) holder has disclosed to the user all the commissions (in the form of trail commission or any other mode), payable to ARN holder for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to users.
LINK TO THIRD PARTY
Imperial money may provide you links to third-party services (“Third Party Services”). You agree to use the Services at your sole risk and that we shall not have any liability to you for content that may be found to be offensive, indecent, or objectionable. Users understand that certain Services may display, include or make available content, data, information, applications, or materials from third parties (“Third Party Materials”) or provide links to certain third-party websites. By using the Third Party Services, you acknowledge and agree that Imperial money is not responsible for examining or evaluating the content, accuracy, completeness, timeliness, validity, copyright compliance, legality, decency, quality, or any other aspect of such Third Party Materials or websites. IMPERIAL MONEY DOES NOT WARRANT OR ENDORSE AND DOES NOT ASSUME AND WILL NOT HAVE ANY LIABILITY OR RESPONSIBILITY TO YOU OR ANY OTHER PERSON FOR ANY THIRD-PARTY SERVICES, THIRD PARTY MATERIALS OR WEBSITES, OR FOR ANY OTHER MATERIALS, PRODUCTS, OR SERVICES OF THIRD PARTIES.
NO OBJECTION FROM THE USER(S)
User acknowledges and grants no objection to Imperial money to do or place transaction requests for the User on the online technology platform of Imperial money and at users own risk and cost, all or any of the following acts, deeds matters and things:
To forward user transaction data and requests to the respective mutual funds/NSE NMF – II with respect to the instructions and orders of sale, purchase, transfer, splitting, and consolidation of mutual funds units.
To transmit to the mutual fund and/or the NSE NMF – II, information relating to user nomination/changes in investment plan/ any other changes made through the online platform.
To obtain and forward to the NSE NMF – II/AMC, its Authorized Registrar user’s information as available in the KYC records, including user signature(s). User agrees that such records may be used by the NSE NMF – II/AMC/Authorized Registrar for authorizing the transactions that may be submitted by the user in physical/offline mode.
To contact the user regarding matters pertaining to the operation of user account including, but not limited to, servicing of users requests, communication of special offers, new product launches, and product recommendations. This consent will override any registration for Do Not Call (“DNC”) / National Do Not Call (“NDNC”).
Holding pattern and Customer details
User acknowledges and agrees that the Imperial money holding pattern of the Registered Customer, as reflected in the Imperial money system, is deemed to be the Imperial money account holding pattern of the account holder/investor(s).
The user also agrees there will be no changes allowed in the holding pattern of the investors associated with the Account once the Account is activated.
The user agrees that once an investment is made using the holding pattern, the User will not be allowed to change the holding pattern for the subscriptions.
The other requisite data (which is not part of the form) required to be reported to NSE NMF – II / authorized registrar of the AMC will be extracted from Imperial money account details maintained for the First holder. The mode of holding in all customer joint accounts is treated as “Anyone or Survivor”.
Account Statement
User agrees and acknowledges that it shall be the obligation of the AMC and not of Imperial money to regularly send to the Registered Customer such communications as required under the SEBI Regulations.
Fees and Charges
While currently, the Services offered by Imperial money are free of transaction charges, the user acknowledges that Imperial money reserves the right to charge fees in the future for the Services or any other services offered by Imperial money. Any such changes will be communicated by Imperial money via email 30 days ahead of implementation and will be displayed on the Imperial money Application. Under such circumstances, the user has the option to transfer its assets out of its Account without incurring any costs payable to Imperial money.
The user agrees and understands that any such charges/fees that Imperial money may choose to levy will be in addition to those levied by the mutual funds if any. All fees, charges, and reimbursement of expenditure shall be paid or made in full by the user without any counterclaim, set-off, or withholding. All liabilities and obligations of the Registered Customer(s) hereunder to Imperial money /mutual fund/AMCs/trustees of the AMC shall be joint and/or several, as the case may be.
LIABILITY OF IMPERIAL MONEY
Imperial money shall not in an NSE NMF – Liable of gross negligence on the part of Imperial money, be liable to the user for any act, omission, or delay by the mutual fund or for any claims which user may suffer or incur as a result of or in the course or discharge by Imperial money or its employees, officers, directors, nominee or agent of Imperial money’ duties.
Without prejudice to the above, Imperial money shall not be held liable for any loss or damage or failure to comply or delay in complying with its obligations under these Terms and Conditions which is caused directly or indirectly by any event or circumstances beyond Imperial money ‘ reasonable control. These include system failure, network errors, delay or loss of data due to the above and in circumstances of acts of God, floods, epidemics, quarantine, riot, civil commotion, and/or war. User further agrees that Imperial money shall not be held liable for any losses, damages, expenses, costs, liabilities, and claims of whatsoever nature caused by fraudulent or unauthorized use or access of user information, and/or signatures. Imperial money will be under no duty to verify compliance with any restrictions on the user’s investment powers.
Imperial money will not be liable for any loss, damage, cost, charges, or expenses directly or indirectly caused by reasons of any defects or imperfections or mechanical or other failures with relation to computer, cable, telex, telephone, or postal system.
While Imperial money will make every effort to have its computer systems available at all times, Imperial money makes no guarantees with respect to the availability of such systems. Imperial money will make every effort to resolve availability issues such as network problems, virus attacks, etc. in an expeditious manner. Notwithstanding these, Imperial money will as such not be liable for any loss, damage, cost, charges, or expenses directly or indirectly caused by reasons of lack of such availability.
Imperial money shall not be liable for any loss or damage caused by reason of failures or delay of the mutual fund to deliver any units purchased even though payments have been made for the same, or failure or delay in making payment in respect of any units sold, though they may have been delivered and the user shall hold Imperial money harmless and free from any claim in respect thereof. Imperial money shall also not be liable for any delay, failure, or refusal of the mutual fund in registering or transferring units to user names or for any interest, dividend, or other loss caused to the user arising therefrom. In instances of third party claims, Imperial money shall not be liable for any failure/delay, wherein such claims/losses are arising due to a reason entirely attributable to an error or gross negligence of the mutual funds/NSE NMF – II/AMC.
ONLINE PAYMENT – PAYMENT GATEWAY TERMS
The fund’s transfer for the purchase of units of mutual funds will be done by using an Electronic Payment Gateway facility, ONLY an internet banking facility shall be offered for the transaction on the Application, through a third party net banking service provider registered with the Reserve Bank of India. Users cannot use or permit the use of the payment gateway or any related services for any illegal or improper purposes.
Users shall utilize the Electronic Payment Gateway at their own risk. These risks would include but not be limited to the following risks and Imperial money disclaims all liability and responsibility for any claims, losses, damages, costs of whatsoever nature arising due to such risks:
Misuse of Password: If any third party obtains access to the user password of the Investments Services Account, such third party would be able to transact on Imperial money’s online technology platform. User shall ensure that the terms and conditions applicable to the use of the Net Banking password as contained in the Electronic Payment Gateway for Net Banking are complied with at all times.
Internet Frauds: The Internet per se is susceptible to a number of frauds, misuse, hacking and other actions, which could affect payment instructions given using Electronic Payment Gateway or the transactions are done using Imperial money’s online technology platform. Whilst Imperial money shall aim to provide security to prevent the same, there cannot be any guarantee against such Internet frauds, hacking and other actions. User shall separately evolve/evaluate all risks arising out of the same.
Mistakes and Errors: The filling in of applicable data for transfer would require proper, accurate, and complete details. In the event of the user account receiving an incorrect credit by reason of a mistake committed by any third party, the concerned mutual fund/AMC or the bank shall be entitled to reverse the incorrect credit at any time whatsoever without the consent of the User. User shall be liable and responsible to accept any such instructions received from the AMC, without questions for any unfair or unjust gain obtained by Imperial money as a result of the same.
Technology Risks: The technology for enabling the transfer of funds and the other services offered by the Electronic Payment and Imperial money could be affected by virus or other malicious, destructive or corrupting code, program, or macro. Imperial money ’Application or the bank may require maintenance and during such time it may not be possible to process the user request. This could result in delays in the processing of transactions/payment instructions or failure in the processing of transactions/payment instructions and other such failures and inability. User understands that Imperial money disclaims all and any liability, whether direct or indirect, whether arising out of a loss of profit or otherwise arising out of any failure or inability by a bank/mutual funds/AMCs to process any transaction/payment instructions for whatsoever reason. Imperial money shall not be responsible for any of the aforesaid risks.
Limits: Imperial money may from time to time impose maximum and minimum limits on funds that may be transferred by virtue of the payment transfer service given. The user realizes and accept and agree that the same is to reduce the risks of the user. User shall be bound by such limits imposed and shall strictly comply with them.
Indemnity: User shall indemnify Imperial money from and against all losses and damages that may be caused as a consequence of the breach of any of the Electronic Payment Gateway for net banking and the terms and conditions mentioned hereinabove.
Authentication of the Transaction: The user is authorized to make transactions only with and from the bank account(s) registered on the Application. Banks have all the right to cancel, reject, and/or unauthorized the transaction made by the user, from any other account, details of which is not registered or provided to Imperial money. Such payment which is rejected by the banks shall be notified or intimated to the user, in the morning of the next business day.
Transaction Verification: The transaction made by the user, whether approved or rejected, using the Imperial money shall be subject to the following level of verifications:
Imperial money: Transaction will be rejected in case the bank account through which the payment is made, is not registered with Imperial money ;
NSE NMF – II: Transaction made from the bank account which is different from the account details provided by Imperial money to NSE NMF – II.
AMC: Final, rejection could be made by the AMC, upon receiving the transaction details.
Withdrawal of Facility: Imperial money shall be entitled to withdraw this service at any time without assigning any reason whatsoever.
Binding nature of above terms and conditions: By use of this facility, the user shall be deemed to have agreed to all the above terms and conditions and such terms and conditions shall bound the User in the same manner as if the user has agreed to the same in writing.
FUNCTION OF IMPERIAL MONEY
Any information contained in Imperial money brochures or other materials or otherwise communicated by Imperial money shall not be construed as investment advice and that all decisions to purchase or sell units made by the user shall be on the basis of personal judgment arrived at after due consideration. Imperial money does not in any manner:
Guarantee payments on any units; or Guarantee liquidity of any units; or Make an offer to buy back any units; or Guarantee the redemption or repayment of any units on maturity; or Guarantee the payments of interest or dividend; or Promise, indicate or guarantee any returns; or
Guarantee any good delivery. Subscribe to units of mutual funds on behalf or in name of the user or collects payments from a user for the units so purchased by the user for remitting it further to the AMCs; or
Receive any account statement from mutual funds/AMCs, on behalf of or in the user’s name pertaining to the units; or Redeem /sell the units held by the user or on its behalf or in its name, or unilaterally instruct the mutual fund and/or the corresponding AMCs with regards to nomination/changes in investments plan/any other changes; or Sign any document on behalf of or in the name of the user for purchase, sale, or redemption of units; or Collect, receive and/or give receipts and discharges for any sum including dividend, interest, or income arising from the units and does not sign and/or endorse dividend and interest warrants on my/our behalf or in my/our name; or
Correspond with or gives notice to the mutual fund/AMCs on behalf of or in the name of the user, except for transmission of transactions done or purported to be done by the user on the online technology platform.
Imperial money does not make any promises to the user basis the graphical representation provided on the Application. The data collected from the user to calculate the amount of the prospective investors and is in relation to the past investment history of the user and shall not be construed as authoritative advice to the user. Imperial money does not offer any advice and nothing herein or on the Imperial money, Application shall be construed as investment advice by the user.
Any sum invested through Imperial money Investment Account is not a deposit with Imperial money and is not bank insured. The same is not endorsed or guaranteed and does not constitute obligations of Imperial money, or any of the subsidiaries associates, or affiliates companies whose role is only as described in these Terms and Conditions. Investments in the mutual fund are subject to investment risk, including the possible loss of the principal amount invested. The value of the units purchased or not purchased will fluctuate. If the user redeems the units/shares purchased, the user may receive more or less than the user has/had paid to depend upon the NAV of the units in the fund or trust at the time of redemption. Past results are not a guarantee of future performance. Past performance may or may not be sustained in the future.
NOTICES/CORRESPONDENCE
Any notice or other correspondence addressed by Imperial money to the user may be addressed to the address provided by the users at the time of enrollment. If according to the user there is any discrepancy in the particular or details of transaction or account of a statement then, it shall be the responsibility of the user to intimate the same to Imperial money, and to the concerned mutual fund/AMC/authorized registrar of the AMC in writing within 7 (seven) working days of receiving notice thereof, falling which such transaction, statement or account (as the case may be) shall be deemed to be correct and accepted by user and users shall not be entitled to question the correctness or accuracy thereof.
USER INFORMATION
User shall provide any and all information that may be required by Imperial money /AMC/authorized service providers of the AMC from time to time in compliance with existing legal norms and regulations, including but not limited to contact information, address and tax-related information, and any information required under existing or future KYC norms and laws. User agrees that Imperial money /AMC/authorized service providers of the AMC may take steps to verify the veracity of such information provided and shall co-operate with Imperial money /AMC/authorized service providers of AMC in providing all information requested by Imperial money. User acknowledges that failure to provide such information in a timely manner may result in ineligibility to avail of some or all of the services of Imperial money and that Imperial money shall in no way be held liable for any losses of whatsoever nature resulting from such failure to provide information on part of the user. Any information provided by the User may be required to be shared with relevant regulatory/statutory authorities and the User authorizes Imperial money to provide all information to such regulatory/statutory authorities as and when required.
The information shall be provided by the User and shall be governed in accordance with details provided in the privacy policy.
TERMINATION OF SERVICES
Imperial money may terminate the Services by giving 90 days prior notice in writing to the Registered Customer provided that the Registered Customer shall not be relieved of obligations hereunder notwithstanding such termination incurred prior to the date on which such termination shall become effective.
REGULATORY CAUTION
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
GOVERNING LAW AND DISPUTE RESOLUTION
All disputes and differences arising out of, under, or in connection with these terms and conditions or anything that has done hereunder shall be within the exclusive jurisdiction only to the courts of Chennai. These terms and conditions are subject to and shall be construed in accordance with the laws prevalent in India.
In the event of a dispute between the User and Imperial money on accuracy of transaction details provided by the User on the Imperial money Application, the transaction logs maintained by the Imperial money back office will be the only source of data to verify the accuracy of such transactions.
BROKERAGE
For all investments made using Imperial money, we get the brokerages from the Asset Management Companies. The recommendations are not made on the basis of brokerage, and performance/fund details of all the mutual funds from competing AMCs are also provided to the user for reference.